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When a country imports more than it exports us called what?
That is called a trade deficit.
What is it called when your exports are worth more than your imports?
When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
When does a trade surplus occur?
When a country exports more goods then it imports
How are net exports determined?
Net exports are determined by subtracting a country's total imports from its total exports. If a country exports more goods and services than it imports, it has positive net exports, indicating a trade surplus. Conversely, if imports exceed exports, the country has negative net exports, or a trade deficit. Factors influencing net exports include exchange rates, domestic economic conditions, foreign demand, and trade policies.
When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
What is the difference in value between what a nation imports and what it exports?
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
When a country imports more than it exports us called what?
That is called a trade deficit.
What is the term used by economist to describe where a nation exports more than it imports?
The country's net exports are positive(net exports being exports minus imports)
What is it called when your exports are worth more than your imports?
When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
When does a trade surplus occur?
When a country exports more goods then it imports
How are net exports determined?
Net exports are determined by subtracting a country's total imports from its total exports. If a country exports more goods and services than it imports, it has positive net exports, indicating a trade surplus. Conversely, if imports exceed exports, the country has negative net exports, or a trade deficit. Factors influencing net exports include exchange rates, domestic economic conditions, foreign demand, and trade policies.
Why is it important for a country to have more exports than imports?
idgaf ,. i just want the answer
When a country has a favorable balances of trade?
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI
What does it mean to an economy if exports exceed imports?
exports more than it imports
What does adverse import mean?
a situation where a country has more visible imports than it has exports
Spending more money on imports then earning on exports is called what?
Trade surplus
Which of the terms refers to the situation that results when a country imports more goods than it exports?
The situation where a country imports more goods than it exports is referred to as a "trade deficit." This occurs when the value of imports exceeds the value of exports over a specific period. A trade deficit can affect a country's economy by impacting its currency value and influencing domestic production and consumption patterns.
